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What Is Socialism?

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Socialism means a society restructured according to the working-class principle of solidarity. It means an economy of democratic planning, based on common ownership of the means of production, a high level of technology, education, culture and leisure, economic equality, no material privileges for officials, and accountability. Beyond the work necessary to ensure secure material comfort for all, it means the maximum of individual liberty and autonomy.

Working-class socialism - counterposed by Marx and Engels to all forms of "reactionary" or "bourgeois" socialism - builds on the best of what capitalism has achieved, in technology, economic coordination, communications, education, democracy and individual liberty. Revolutionary socialism can be far freer and more democratic than capitalism could conceivably be - through integrating economic and political power in democratic structures, through accountability and provisions for political participation, and through extensive political and individual liberties. At the same time a socialist regime would have the power and the will to allocate sufficient resources for all human needs, so that no individuals or groups would be cast off and cast out as dregs, as they are under capitalism.

Socialism is only possible as the result of direct action by the working class. When the current ruling class, the capitalists, took power from the feudal kings and lords, they did so gradually, using wealth they already owned under feudalism, and creating institutions (such as the Universities) to develop their own class so that the actual revolutions were accomplished without much difficulty. The working class has fewer advantages. We own no property in advance of a successful revolution, while our enemies control all wealth. The working class has only its strength in numbers, and the added strength it gains when it acts in

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